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Re: Grahamber post# 4013

Thursday, 10/14/2010 9:15:49 AM

Thursday, October 14, 2010 9:15:49 AM

Post# of 31299
Yep, the dollar is down yet again as the US hopes to inflate it's way out of their mess and at the same time deflate our currency to boost exports. It is a fine balancing act as they do not want interest rates up since this would hurt our debt situation, stocks, and the overall economy. As it is now we are more deflationary and they are trying to avoid that at all cost. It will be interesting to see what happens with a partial regime change. I'm not sure anything will happen except spending possibly being cut and some plans being defunded and therefore halted. That in itself could help the market. Not sure if it changes our situation at this point. I say let's get going why the iron is hot and if HC phase 2 proves up let's unload it to pay off shareholders and provide future funding assuming it would not be feasible for us to try and get into mining it. Maybe we can get .70-$1 or more per share or more?
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